Offshore, again
After the collapse of the junior exploration market in the late 1990s, it is an unusual and refreshing experience to see more work being done by junior companies in the Pacific Rim. Perhaps this means…
Crystallex International Corporation
CVG anoints Crystallex at Las Cristinas
Vancouver – For over a decade, the long and winding road toward developing the Las Cristinas gold property in southeastern Venezuela has proved treacherous for foreign mining firms trying to advance t…
Crystallex production falls in South America
Vancouver — Lower gold grades from its Venezuela operations hurt the bottom line of Crystallex International (KRY-T) in the second quarter of 2002.The junior posted a loss of $3.2 million (or 4 per …
Crystallex advances La Victoria (April 08, 2002)
Vancouver — Diamond drilling by Crystallex International (KRY-T) has intersected a high-grade gold shoot at the La Victoria deposit in Venezuela.The drilling was designed to upgrade the reserves and …
Vannessa seeks arbitration at Las Cristinas
Following a ruling by the Supreme Court of Venezuela in its favour, Vannessa Ventures (VVV-V) says it is confident it will be allowed to develop the Las Cristinas gold mine.The government of Venezuela…
Resource stocks rise with the rest of market
The bulls charged ahead during the March 6-12 report period, pushing the Toronto Stock Exchange 300 index up 280.02 points to 7,866.14. Even the precious metals and base metals sub-groups were up over…
Venezuela takes control of Las Cristinas (March 18, 2002)
Vancouver — Two rulings by Venezuela’s mines ministry have laid the groundwork for what could become a bidding war over control of the legally plagued Las Cristinas gold property in Bolivar state.The…
Mine in Uruguay helps Crystallex to record output
During 2001, Crystallex International (KRY-T) enjoyed its best year of gold production since beginning mining operations in 1995.From its mines in Uruguay and Venezuela, the company produced 109,000 o…
Insiders weigh in with private placements
Recent insider-trading transactions reported by the Ontario Securities Commission include the following:- Aurora Platinum (ARP-V) — Michael Winn, director, bought 27,600 shares at $2.82-3.29 to hold …
2001 deals out the pain
Some are comparing 2001 with the first half of the 1980s, the last time metal prices were so bad. Others are comparing it with the depression after the crash of 1929. And so far, nobody has compared i…
War on terrorism will trigger renewed bout of inflation: Ing
The most bullish of Bay Street’s gold bugs, John Ing of Maison Placements Canada, says we are about to enter a period of inflation that will dramatically improve gold prices in the medium term.In an O…
Idaho Cons. breaks pact with Crystallex
Under a mutual agreement, Crystallex International (KRY-T) will no longer be providing technical support services to Idaho Consolidated Mines (IDO-V) at the Stillwater complex in Montana.The original …